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MORE-S9

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--%
1d
1w
1m

Analysis and statistics

  • Open
    9582.5431$
  • Previous Close
    9611.16$
  • 52 Week Change
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  • Day Range
    -28.62$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

MORE-S9.TA is the symbol for the MORE Ishares S&P 500 UCITS ETF traded on the Tel Aviv Stock Exchange (TASE). This ETF aims to replicate the performance of the S&P 500 index, which is a market-capitalization-weighted index of 500 of the largest publicly traded companies in the United States. It provides Israeli investors with a way to gain exposure to the US stock market and diversify their investment portfolios without having to directly purchase individual US stocks. The "MORE" prefix indicates the ETF provider, and ".TA" signifies the Tel Aviv Stock Exchange.
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Factors

Underlying Asset Performance: MORE-S9.TA's price closely tracks the performance of the underlying stocks it holds. Strong performance in those stocks generally leads to a higher ETF price. Supply and Demand: Increased demand for MORE-S9.TA pushes its price up, while higher supply (more investors selling) can lower it. Market Sentiment: Overall market optimism or pessimism affects demand for equities, impacting MORE-S9.TA. Economic Conditions: Economic factors like interest rates, inflation, and GDP growth influence company performance and investor sentiment. Currency Exchange Rates: Since the ETF trades on the Tel Aviv Stock Exchange, fluctuations in the Israeli Shekel (ILS) exchange rate against other currencies can affect its price for international investors. Index Tracking Accuracy: The ETF aims to replicate the index it tracks. Deviations from the index's performance (tracking error) can slightly affect the ETF's price relative to what it *should* be.

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